Carlyle Group, the US-based private equity firm has acquired 10 percent stake in Indian IT services firm Infotech Enterprises for Rs 210 crore. The Carlyle Group has purchased about 11.1 million shares at an average price of Rs 190 a share through its unit One Carlyle Ventures Mauritius.
The key sellers of the holding acquired by Carlyle were Kotak India Fund, American Funds Insurance and Small Cap World Funds. So far, Carlyle has invested $800 million in India, which includes investment in top mortgage lender Housing Development Finance Corp, India Infoline and Edelweiss Financial Services.
Infotech Enterprise is a leading global engineering service company. The company provides services to a wide range of industries - aerospace, rail, automotive, marine, energy, plant engineering, utilities, telecom (operators), government, retail, consumer electronics, medical electronics, semiconductor telecom (manufacturers) and computing industries.
| Company Name | CMP |
|---|---|
| TCS | 2573.90 |
| Infosys | 1310.50 |
| HCL Tech. | 1427.50 |
| Wipro | 202.55 |
| Tech Mahindra | 1500.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: